Why is Eurotex Industri falling/rising?

As of 10-Nov, Eurotex Industries and Exports Ltd is experiencing a decline in its stock price, currently at 21.28, which reflects a decrease of 2.1 or 8.98%. The stock has shown erratic trading patterns, not having traded on 2 out of the last 20 days. Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, there has been a significant drop in investor participation, with delivery volume falling by 99.29% against the 5-day average. The company has reported positive quarterly results, with the highest profit after tax and earnings per share recorded, but it also faces challenges such as a negative book value and weak long-term growth, with net sales declining at an annual rate of 54.91% over the last five years.
In the broader market context, the stock's performance is not directly compared to the benchmark due to the absence of specific short-term return data for the stock. However, the Sensex has shown a slight decline of 0.73% over the past week, indicating a challenging market environment. The company's high debt levels and negative EBITDA further contribute to its risk profile, making it less attractive to investors despite some recent positive earnings figures. Overall, the combination of declining investor interest, poor long-term fundamentals, and a challenging market context are contributing to the stock's downward movement.